This Week in Real Estate – Double edition! Vol. 6

I’ve missed you all during the past two Sundays as I enjoyed a once-in-a-lifetime trip to the United Kingdom with my parents and siblings to visit my grandparents. The UK was as great as I thought it would be. The character of the buildings, every village is a sketch from a Dickens novel…sensational. It seems as though the market here in Peterborough was also busy over the past two weeks. Let’s get right into it!

NEWS & NOTES

Of the 162 listings that have come up for sale since October 10

52 sold in 12 days or less

Nearly half of the 52 (25 properties have sold solid – conditions removed). 11 of the 25 were City of Peterborough properties

Some heavy sales prices were also levied during past two weeks – These are the over asking price amounts that were offered and accepted: $65,000, $63,000, $52,000, $52,000, $35,000, $30,000, $25,000, $25,000, $21,000 and $20,000 – for houses just in Peterborough.

There were “deals” to be had in the County and surrounding area during past two weeks – these were under asking price amounts offered and accepted: $109,000, $109,000, $94,000, $89,000, $50,000, $45,000, $33,000, $29,000, $25,000, $25,000, $24,000, $24,000, $19,000.

The two big drops over $100,000 were listed for less than $725,000. Big, big drops.

Many of the big drops were either old listings or cottages.

In Peterborough, since September 25th – 66 properties sold with 15 over list (22.7%). Here is the breakdown within price ranges.

Price Range – Ptbo listings

Aug 28-Sept 25

Sept 25-Oct 23

Under $200,000

4

0

$200,000 to $249,999

11

1

$250,000 to $299,999

15

7

$300,000 to $349,999

4

3

$350,000 to $399,999

4

2

$400,000 and up

6

2

In Peterborough County, since September 25th -119 properties sold with 26 over list (21.8%). Here is the breakdown within price ranges.

Price Range – Ptbo County listings

Aug 28-Sept 25

Sept 25-Oct 23

Under $200,000

5

3

$200,000 to $249,999

4

2

$250,000 to $299,999

4

9

$300,000 to $349,999

2

4

$350,000 to $399,999

0

3

$400,000 and up

7

5

Here are new listings that came onto the Peterborough real estate board for this past week in the City of Peterborough. All listings are courtesy of the Peterborough and the Kawartha’s Association of Realtors members. Cancelled listings are those that have come to the market this past week and then subsequently cancelled. The listing address and brokerage name has been removed from the list. The links to each address are to the public realtor.ca or therealtorptbo.cawebsite.

If you would like more information or to book a showing, feel free to call me OR a Realtor you trust!

Here are new listings that came onto the Peterborough real estate board for this past week in the County of Peterborough and surrounding area. All listings are courtesy of the Peterborough and the Kawartha’s Association of Realtors members. Cancelled listings are those that have come to the market this past week and then subsequently cancelled. The listing address and brokerage name has been removed from the list. The links to each address are to the public realtor.ca or therealtorptbo.cawebsite.

If you would like more information or to book a showing, feel free to call me OR a Realtor you trust!

Understand that real estate is forever changing and evolving. It is not possible to consistently remedy and update links below as they sell – particularly if you are reading this post on or after October 2nd. I will not be going back through and un-linking addresses as they come off the public site after October 23Rd for this post nor previous posts. If you would like a link of previous posts to compare stats or listings please click below.

Please read: These lists are meant to illustrate new listings that have come for sale on the Peterborough and Kawartha Association of Realtors real estate board. Any mistakes, errors or omissions are oversights and the responsibility of the listing brokerages to remedy. This list is not complete. Any omissions to these lists may be the result of sensitive listings (a business wishing to keep advertising to a minimum, some commercial listings). All listings are MLS unless otherwise noted (Exclusive, private).

Mark Million is a Realtor with Bowes and Cocks Limited, Brokerage in Peterborough. If you would like a free opinion of value or ways to market your home differently contact me. If you want free advice on any real estate question or scenario you may have, by all means contact me. All information or conversation disseminated through WordPress or any other means of correspondence between myself and you is not intended to solicit those currently under contract.